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CM Omar Abdullah with his council of Ministers – KO file photo by Abid Bhat Srinagar– The ruling National Conference-led government is likely to go for a cabinet reshuffle and expansion in January 2026, sources disclosed. Sources said that Chief Minister Omar Abdullah dropped broad hints of a cabinet expansion/ reshuffle during the two-day Central Working Committee meeting held in Srinagar on November 27 and 28. “During the meeting, the CM told party colleagues that the party president will assess the performance of the council of ministers over the next one-and-a-half months and then accordingly decide whom to retain…

​ J&K Bank MD & CEO Amitava Chatterjee Srinagar ~ Jammu & Kashmir Bank has approved a capital raise of up to ₹1,250 crore as the lender seeks to reinforce its balance sheet and accelerate its growth strategy amid improving financial metrics and a strengthening regional economy. In a statement following its board meeting on 26 November, the Srinagar-based bank said the fundraising plan includes ₹750 crore in equity capital through a Qualified Institutional Placement (QIP) and ₹500 crore via privately placed, unsecured, non-convertible Tier-II bonds compliant with Basel-III norms. The move remains subject to regulatory clearances. The equity component…